Matrix Service Co expected to post a loss of 19  cents a share - Earnings Preview

Matrix Service Co

07/05/2022 03:03

* Matrix Service Co  MTRX.OQ   MTRX.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Tulsa Oklahoma-based  company is expected to report  a
15.3% increase in revenue to $170.974 million from $148.26
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Matrix Service Co
is for
a loss of 19 cents per share. For the same quarter last year,
the company reported a loss of 43 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Matrix
Service Co
is $15.5​, above​ its last closing price of $6.54. ​​​

This summary was machine generated May 7 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated